WEEK #9 Individual Work Labor Relations and Collective Bargaining MAN4400-12 Instructor Theodore Stacy B. White 12/14/2012 Abstract Firms and unions can coexist under normal conditions, but sometimes when a contract expires there are certain issues which arise that both sides find difficult to overcome. Knowing which tactics to use for reaching agreement on a labor contract when there is an impasse takes both knowledge and skill. In the role of director of industrial relations, this paper will outline the actions; including processes used and timetables, that the company should take in the event of an impasse. Body Case: GMCF Impasse • It is now your turn to recommend strategy to the company in this impasse.
Analyses The biggest question is what should Morgan do with all the takeover bids? Being that Morgan is a retired dean of Boston University business school, he is well versed in the business world. From this, he should consider Odak’s comment about doing what is best for the shareholders of Ben & Jerry’s. If we simply look at the P/E ratio of B&J in Exhibit 6 of the case, which is 19.8, and compare that to the offers being presented by the four bidders here’s what we have: • Dreyer’s Grand - $31 / $1.06 = 29.24 (stock) • Unilever - $36 / $1.06 = 33.96 (cash) • Meadowbrook Lane - $32 / $1.06 = 30.18 (cash) • Chartwell – minority investment of $30 - $50 million The P/E numbers above show that Unilever would bring in a large investment and also be right for shareholders of B&J. Unilever would be paying a $15 premium over the pre-offer announcement share price of $21.
1. International Legal and Ethical Issues Cynthia Debose October 07, 2013 Law/421 University of Phoenix Chontele McIntyre 2. Once an individual completes the simulation, he or she can see that there are many problems concerning the practices, and resolving of international transacts disputes. It was hard trying to work through the difficulties of dealing with two different sets of protective laws. One problem encountered was attempting to develop one agreement that would represent two different companies, each with its own set of government policies regarding business. Every company involved must do its part of resolving any legal disputes, such as drafting a choice-of-law clause.
Providing financial report analysis. 9. Finally, generating a conclusion and recommendation from cited works. As we emerge from a financial crisis, when organizations had become reluctant to eating “into their cash pile”, we must now be prepared to tell a board of directors “here’s what we’re going to spend on new markets” as David Axson – executive director of Accenture’s Finance and Enterprise Performance consulting group puts it. We will also be prepared, upon full evaluation of all identified factors, to pull the plug on this R&D recommendation if it cannot pay off.
But one of the hardest battle’s for the US was to keep their own countries support. In this essay I will be exploring the main factors of the Vietnam war between 1960-1975, looking at how they changed before, during and after ORT. Before ORT took place the aims of the US Government were to stop communist taking over South Vietnam (SV). As they feared that the Domino Theory would affect countries who were still capitalist. The rise in communist countries was increasing as other countries close to each other would follow the same route as nearby countries.
In fact, some of the largest and traditionally most vulnerable industries, such as steel and oil, were making plans to merge. Apparently corporate America and its investment bankers were correctly gauging the waning influence of the Antitrust Division even before it became readily apparent to legislators. MONOPOLIES HAVE A LONG and colorful history in the United States. They have usually been associated with industry, especially in the post-Civil War period. But their history is much older, originating in Elizabethan England.
This gives him confidence and allows him to be able to work on the problem without feeling ashamed. Another reason why friendly arguments are good occasionally is that it allows us room to freely express ourselves. If you do not take time to freely express yourself you could get lost in what someone else wants you to be or how someone else wants you to think. You have to determine your self worth from time to time which isn’t always easy. This is where the arguments may kick in but in the end you will be more appreciated for being you and you in turn will be better understood.
5) Evaluate the deal terms The HP-Compaq Merger Deal Terms Summary Announcement Date 4-Sep-01 Name of the merged entity Hewlett Packard Chairman and CEO Carly Fiorina President Michael Capellas Ticker symbol change From HWP to HPQ Form of payment Exchange Ratio Stock 0.6325 HPQ shares to each Compaq Shareholder Ownership in merged company 64% - former HWP shareholders Ownership of Hewlett and Packard Families 36% - former CPQ shareholders 18.6% before merger 8.4% after merger Accounting Method Purchase Merger method Reverse Triangular Merger The HP and Compaq Merger Deal Design: Hewlett Compaq Packard Stock (cash for fractional share) Compaq Shareholders Stock Heloise Merger Corp The main part of the deal was its merger method i.e., Reverse-Triangular Merger. A subsidiary, Heloise Merger Corporation, created solely for merging with Compaq. This resulted in tax- free reorganization in which HP would control all of Compaq’s assets through a wholly owned subsidiary, thereby limiting HP’s exposure to Compaq’s liabilities. 8|Page 6) Evaluate the exchange ratio and accretion/ dilution impact? The final Exchange Ratio 0.6325 HPQ shares per Compaq share Exchange ratio implied by the market as on 31 Aug, 2001 0.5356 HPQ shares per Compaq share Exchange ratio implied by the 12 month market performance of HP and Compaq stocks 0.598 HPQ shares per Compaq share Period ending Aug 31 2001 31-Aug-01 3 month average 6 month average 12 month average Market Price for Compaq shares 12.35 14.20 Market Price of Compaq shares 23.21 25.49 Average Exchange ratio 0.532 0.557 Implied Acquisition Premium paid by HP (in %) 18.9 13.7 15.72 27.58 0.570 8.2 19.40 32.45 0.598 6.1 The exchange ratio decided for
3. What impediments to pursuing this project do you think existed within GM? First impediment is GM’s investing in developing fuel cells for many billions so many managers don’t want to change their focus. Second, the critics said that it was difficult to produce a large lithium ion battery. Last, there was a sale failure with an electric car named EV1 in 1990s.
On the other hand, if he is placed on the defensive, he is unlikely to come up with effective strategies. In fact, he will be under severe pressure, resulting in tension and even disunity within his rank-and-file. While proactiveness is well understood in military warfare, it tends to be easily over-looked in the context of business. More of-ten than not, many companies tend to adopt a "follower" strategy. To begin with, they hope that by following, they can reduce the risks involved.